Corporate accountability - Axis 2

The issue of corporate accountability is one of the most important in corporate law today, as legal entities, especially the larger ones, are the focus of special attention from civil society. Civil society expects greater accountability from these commercial companies, although the term "accountability" does not necessarily mean legal responsibility alone. While in English there is a distinction between “liability”, used in the context of legal responsibility, and “responsibility” or “accountability”, used in the context of moral responsibility, the French term “responsabilité” can encompass both notions. The focus on responsible companies would thus encompass both these dimensions of responsibility, and not be limited to legal responsibility alone.